Financial Highlights

Latest Update : Feb.16, 2024

* MinebeaMitsumi has adopted International Financial Reporting Standards (IFRS) from the 1Q of FY3/2019.

		FY3/2023^*1 3Q	FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q
Net sales	millions of yen	371,424	339,718	292,370	379,747	381,207
Operating income	millions of yen	25,495	34,390	6,085	21,141	24,027
Operating margin	%	6.9%	10.1%	2.1%	5.6%	6.3%
Profit before income taxes	millions of yen	19,526	33,148	7,844	22,421	20,737
Profit before income taxes margin	%	5.3%	9.8%	2.7%	5.9%	5.4%
Profit for the period attributable to owners of the parent	millions of yen	12,271	33,028	3,665	15,981	14,754
Profit for the period attributable to owners of the parent margin	%	3.3%	9.7%	1.3%	4.2%	3.9%

Per Share

		FY3/2023^*1 3Q	FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q
Earnings per share, basic (EPS)	yen	29.74	80.47	8.97	39.23	36.49
Earnings per share, diluted	yen	29.56	80.09	8.97	39.23	36.48
Cash dividends per share	yen	-	20.00	-	20.00	-
Book-value per share (BPS)	yen	1,451.62	1,547.72	1,602.01	1,663.11	1,649.72
Total weighted average number of shares outstanding^*2	shares	412,565,982	410,446,368	408,381,083	407,375,646	404,386,916
Number of shares outstanding at the end of each period^*2	shares	412,565,660	408,381,229	408,380,960	406,256,578	404,386,776

		FY3/2023^*1 3Q	FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q
EBITDA^*3	millions of yen	38,982	49,188	20,855	36,269	40,150
EBITDA margin^*3	%	10.5%	14.5%	7.1%	9.6%	10.5%
Interest-bearing debt^*4	millions of yen	348,355	354,331	357,201	382,321	383,847
Net interest-bearing debts^*4	millions of yen	211,738	201,671	193,695	234,739	237,634
Net D/E ratio^*4	X	0.4	0.3	0.3	0.3	0.4
Equity ratio	%	47.0%	48.5%	48.1%	47.5%	47.6%
Cash flows from operating activities	millions of yen	12,868	37,025	33,664	-7,064	37,200
Cash flows from investing activities	millions of yen	-17,784	6,391	-17,705	-28,600	-22,874
Cash flows from financing activities	millions of yen	-657	-30,704	-10,123	18,107	-13,117
Free cash flows	millions of yen	-4,916	43,416	15,959	-35,664	14,326

		FY3/2023^*1 3Q	FY3/2023^*1 4Q	FY3/2024 1Q	FY3/2024 2Q	FY3/2024 3Q
Depreciation and amortization	millions of yen	13,487	14,798	14,770	15,128	16,123
Capital expenditures	millions of yen	18,593	23,577	22,427	17,943	23,439
R&D expenses	millions of yen	9,611	10,264	10,360	10,586	10,820
Ratio of R&D expenses to revenue	%	2.6%	3.0%	3.5%	2.8%	2.8%

*1 We have included the following companies in the scope of consolidation;
HONDA TSUSHIN KOGYO CO., LTD. since September 16, 2022
Minebea Connect Inc. (formerly SUMIKO TEC CO., LTD.) since November 1, 2022
Minebea AccessSolutions Inc. (formerly Honda Lock Mfg. Co., Ltd.) since January 27, 2023
*2 Number of outstanding shares : Total number of shares issued - Treasury stock
*3 EBITDA : Operating income + Depreciation and amortization
*4 Net interest-bearing debts = "Bonds and borrowings" - ("Cash and cash equivalents" + Time deposit more than 3 months)

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